2017-10-21T08:31:44-07:00 2016-12-31 Mary G Sormeley CPA 560 Day Ave Ridgefield NJ 07657 990 2016-01-01 980549367 Lions Roar Foundation LION 9024228404 1660 Hollis Street Halifax Nova Scotia CA B3J 1V7 Andrew Karr Treasurer 2017-10-21 true Mary G Sormeley P01469548 2018328922 X 2016 2018-03-14 21:41:22Z Melvin McLeod c/o Org 1660 Hollis St 70 Halifax Nova Scotia CA B3J 1V7 2361069 false false X www.lionsroar.com X 2006 CA The mission of the Lion's Roar Foundation is to produce magazines and other media to present Buddhist and contemplative wisdom to a variety of audiences. 14 10 0 625896 -79519 31199 65622 1974179 2120988 0 121124 118777 2126502 2305387 0 0 864013 925340 0 17500 1333023 1343752 2197036 2269092 -70534 36295 402075 439505 1114395 1138534 -712320 -699029 The mission of the Lion's Roar Foundation is to produce magazines and other media to present Buddhist and contemplative wisdom to a variety of audiences. false false 2138778 2120988 Published six issues of Lion's Roar, the best-selling and most widely-read English-language Buddhist magazine, an award-winning bimonthly.Published four issues of Buddhadharma: The Practitioners Quarterly, an in-depth, practice-oriented journal for serious students of Buddhism. Published a special interest publication of Pema Chodron Collectors Edition. Greatly expanded the content and audience of its website, lionsroar.com. 2138778 true true false false false false false false false false true false false false true false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false true true true OC false false false false false 0 false false false false false false false false false false X 14 10 false false false false true true true true false false false true true true false true true true true false X Andrew Karr 9024228404 1660 Hollis Street 701 Halifax Nova Scotia CA B3J 1V7 Melvin McLeod President 40.00 0.00 X X 63095 0 3158 James Gimian Vice-Chair 1.00 0.00 X X 0 0 0 Andrew Karr Treasurer 24.00 0.00 X X 34570 0 1347 Pat Enkyo O'Hara Director 1.00 0.00 X 0 0 0 Brenda Salgado Director 1.00 0.00 X 0 0 0 Elizabeth Matthews Secretary 40.00 0.00 X X 44843 0 1450 Ben Moore Director 40.00 0.00 X 70209 0 2828 Kenneth Einhorn Director 1.00 0.00 X 0 0 0 Eric Colombel Director 1.00 0.00 X 0 0 0 Tim Olmstead Director 1.00 0.00 X 0 0 0 Mirabai Bush Director 1.00 0.00 X 0 0 0 Charles G Lief Director 1.00 0.00 X 0 0 0 Trudy Goodman Director 1.00 0.00 X 0 0 0 Gina Sharpe Director 1.00 0.00 X 0 0 0 212717 8783 0 false false false RR Donnelley PO Box 932721 Cleveland OH 44193 Printing 286521 Publishers Creative Systems 119 E Grand Avenue Escondido CA 92025 Mailhouse 144888 Services Graphics 17W045 Hodges Road Oakbrook Terrace IL 60181 Direct mail 128737 LSC Communications US LLC PO Box 932987 Cleveland OH 44193 Printing & shipping 100137 4 65622 65622 Advertising revenue 541800 581173 581173 Newsstand sales 511120 305476 305476 Production services 511120 59438 59438 Programs & events 511120 52703 52703 Subscription revenue 511120 1077475 1077475 44723 44723 2120988 0 0 1926 1926 40379 40379 40379 40379 0 0 0 114422 55682 58740 58740 Miscellaneous 900099 9671 9671 Shipping income 511120 8061 8061 17732 2305387 1611943 625896 1926 0 0 0 0 221500 179955 41545 0 592287 548193 32091 12003 5844 5409 317 118 52152 47191 4084 877 53557 47964 4794 799 0 0 0 0 0 0 16439 14723 1471 245 273772 273772 43786 39213 3920 653 0 0 113140 101328 10126 1686 31988 24232 7756 0 0 0 0 8919 7988 798 133 4286 3838 384 64 Printing and Publications 415716 415716 Postage and Shipping 247518 247518 Bank and credit card charges 44222 39605 3958 659 Editorial expense-Art & design 43610 43610 100356 98523 1570 263 2269092 2138778 112814 17500 86309 181017 0 0 210494 178896 0 0 0 0 73630 54261 192919 167588 25455 25331 0 0 0 0 6187 0 402075 439505 163221 117550 922185 987561 28989 33423 1114395 1138534 X -712320 -699029 -712320 -699029 402075 439505 X 36295 -23004 X false true X true false X 124874 17529 20996 31199 65622 260220 1639640 1704002 1410913 1333441 1495092 7583088 0 0 0 1764514 1721531 1431909 1364640 1560714 7843308 25000 55000 80000 0 25000 55000 80000 7763308 1910 53102 51884 39084 42305 188285 542378 530546 512545 640737 625896 2852102 544288 583648 564429 679821 668201 3040387 0 930 1011 31771 17341 17732 68785 2309732 2306190 2028109 2061802 2246647 10952480 0.70880 0.69840 0.27760 0.26950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6223 5600 623 186696 161988 24708 25331 HST Liabilities 244 Network advance sales 11786 Payroll liabilities 21393 33423 2305387 2305387 2305387 2269092 2269092 2269092 Canada 1 25 Program and Fundraising Magazine publication 1339726 1 25 1 25 1339726 1339726 false false false false false false Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The Foundation is authorized to establish one class of members with all of the rights, privileges and responsibilities required by the Canada Not-for-profit Corporations Act and any other such rights, privileges or responsibilities as may be set out in the By-laws of the Foundation. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Annual Meetings - Subject to the Canada Not-for-profit Corporations Act, the board shall call, at such date and time as it determines, an annual meeting of members for the purpose of considering the financial statements and reports of the Foundation pursuant to the Act, electing directors, appointing the auditor and transacting such other business as may properly be brought before the meeting.Proposals Nominating Directors at Annual Members Meetings - Subject to the Regulations under the Canada Not-for-profit Corporations Act, any proposal may include nominations for the election of directors if the proposal is signed by not less than 5% of members entitled to vote at the meeting at which the proposal is to be presented.Special Meetings - The board of directors may at any time call a special meeting of members for the transaction of any business which may properly be brought before the members. The board of directors shall call a special general meeting of members on written requisition of members carrying not less than 5% of the voting rights. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders None other than described above. Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is prepared by the Foundation's US accountant, working with the Foundation's finance staff. The completed form is reviewed by the CEO, who submits it to the Board of Directors for approval. The Board approves the filing, and authorizes the finance director to sign the form and submit it to the IRS. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The Foundation's policy is that compensation levels for all staff will be determined by a committee of independent members of the board, who do not have a conflict of interest with respect to the compensation arrangements. Compensation decisions will be based on the compensation levels of similar positions at similarly situated organizations, and the decisions of the compensation committee will be documented. This policy was adopted by the Board on October 22, 2008. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Foundation makes its governing policy documents, policies and financial statements available to the public upon request. Other Changes In Net Assets Or Fund Balances - Other Decreases Foreign exchange rate fluctuations = -$23004